BANADER acquired 15% stake in Sharkia National Company for Food Security (CASE:SNFC) from Nawaf Bin Dail for EGP 806 million on November 29, 2018. BANADER purchased 2.5 million shares from Nawaf Bin Dail at an average price of EGP 3.5 per share. After deal execution, BANADER’s stake will become 15% of the Sharkia’s capital while Nawaf Bin Dailstake will become 10 % from 25%. BANADER completed the acquisition of 15% stake in Sharkia National Company for Food Security (CASE:SNFC) from Nawaf Bin Dail on November 29, 2018.